Halister News

Denied habeas corpus to Eduardo Cunha, defendant in Operation Lava Jato for passive corruption, money laundering and evasion of foreign exchange.
Original Tweet content Negado habeas corpus a Eduardo Cunha, réu na Operação Lava Jato por corrupção passiva, lavagem de dinheiro e evasão de divisas.
STJ @STJnoticias
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Original tweet on Twitter.com found here.

Twitter profile information as of March 21, 2017 Description: Perfil oficial do Superior Tribunal de Justiça, o Tribunal da Cidadania. Curta a justiça, siga seus direitos, compartilhe cidadania. Tweets: 27,703  Following: 166  Followers: 495,391  Tweeting Since: 1/21/2010  Twitter Verified

(Bloomberg) -- Hertz and Avis fall after Ally Financial warns about used car pricing; Macquarie analyst Hamzah Mazari says concerns over NADA (National Auto Dealers Association) used-price index overblown; would use the weakness to buy CAR given lower leverage vs peers, less overcapacity in fleet vs HTZ and double-digit FCF yield.

• Says investors should note rental car companies can offset lower residuals, which result in higher fleet costs, by extending holding period of cars and selling through higher value channels, among other things
• Outperform on CAR, neutral on HTZ
  • NOTE: NADA used vehicle index showed Feb. used vehicle prices fell for 8th straight month, declining 3.8% (SA) from January to 110.1
• CAR falls as much 9.5%, HTZ down 10%
• NOTE: Earlier, Hertz, Avis Drop Sharply as Ally Warns on Used-Car Prices
  • Earlier, Ally Adds Fuel to Avis’ and Hertz’ Fire on Residual Credit Risk: BI
  • Earlier, Automakers, Suppliers Drop on Used Price, Lease-Related Concerns